PSX News and Press, Phillips 66 From 01/06/23

Increases Phillips 66’s economic interest in DCP Midstream, LP to 86.8% Targeted operational and commercial synergies of at least $300 million All-cash transaction expected to close in the second quarter of 2023 Phillips 66 (NYSE: PSX) and DCP Midstream, LP (“DCP M...

Phillips 66 (PSX) Goldman Sachs Global Energy and Clean Technology Conference January 5, 2023 11:00 AM Company Participants Jeff Dietert - Vice President, Investor Relations Mark Lashier - President and Chief Executive Officer Kevin Mitchell - Executive Vice President,...

Refiner Phillips 66 ( NYSE: PSX ) expects gasoline and diesel fuel supplies will be tight in summer 2023 , VP of investor relations Jeff Dietert said Thursday. U.S. refineries have been running at least 90% of capacity since March, and were forecast to operate at 93% of capacity i...

Summary In this article, we discuss a high-yield opportunity in the energy sector. Phillips 66 has a high yield, strong and rising free cash flow used to support high dividend growth and a balance sheet that supports aggressive buybacks. While PSX shares are attractively valued, the...

Summary 2022 was another fantastic year for dividend growth, with my income increasing by over 13%. I recount every sale made during the year and the replacement purchases. A full accounting of regular purchases made during the year. As well as a complete list of end-of-year holding...

Summary Review of the current holdings and sectors in the portfolio, and how it has changed over the years. Income projections for 2023, and potential pitfalls. Targeted companies to purchase in 2023 and the initial yields I am looking to achieve. Over the last thirteen ye...

While the S&P 500 and the Nasdaq Composite are both in bear market territory (down over 20% from their all-time highs), it may surprise investors that many energy and industrial stocks are actually up on the year. The energy sector has been the standout -- up 59% year to date (YTD...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Although geopolitics and brewing ideological directives (such as initiatives to combat climate change) cloud the longer-term trajectory of hydrocarbons, the reality is that investors can reasonably have confidence in the top oi...

Mark Lashier, President and CEO of Phillips 66 (NYSE: PSX), and other Executive Leadership Team members will participate in a fireside chat at the Goldman Sachs Global Energy and Clean Technology Conference on Thursday, Jan. 5, 2023, at 11 a.m. ET. Phillips 66 leaders will discuss the company...

Summary The Invesco equal-weight RYE ETF attempts to mitigate concentration risks in the energy sector using the same strategy as sister fund - the RSP ETF - does in the S&P 500. The fund holds equal weight positions in 24 energy companies and rebalances on a quarterly basis. The TT...